InvestSMART

Aland Equity Group Limited (ASX:AEG)

ALERT: Price-sensitive ASX Announcement for AEG
Current share price for AEG : $0.092 0.057 (162.86%)+
Release
30 Jan 2026 11:09AM
Price at Release
$0.035
Full Release
download
Summary
Aland Equity Group Limited, formerly Equity Story Group Limited, presented its Quarterly Activities Report and Appendix 4C Cash Flow Report for the December 2025 quarter. The company raised significant capital through a rights issue and a strategic investment, adding $3.54 million and $650,000 respectively. Additionally, a two-tranche placement secured an extra $1.204 million. The company underwent major board changes, with Alex Brinkmeyer appointed as Non-Executive Chair. Despite a challenging quarter with reduced cash receipts from operations, the Equity Story Growth Fund has performed well, achieving a 44.5% return since January 2023.
Key Points
  • Aland Equity Group Limited changed its name from Equity Story Group Limited.
  • The company raised $3.54 million through a rights issue fully underwritten by Aland Pty Limited.
  • A strategic investment of $650,000 was made via a convertible loan from Aland Pty Limited.
  • A two-tranche placement raised $1.204 million with participation from key executives.
  • Significant board changes included Alex Brinkmeyer becoming Non-Executive Chair.
  • The Equity Story Growth Fund saw a 44.5% return since January 2023, outperforming its benchmark.
  • Quarterly cash receipts were $131K, down from $290K in the previous quarter.
  • Operating cash flows were negative, with a net cash used in operating activities amounting to $1.027 million.
  • The company had cash and cash equivalents of $2.993 million at the end of the quarter.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.